Thursday, February 27, 2020
EBay, Net-a-porter, and Topshop Essay Example | Topics and Well Written Essays - 1500 words
EBay, Net-a-porter, and Topshop - Essay Example The transaction at eBay is all through auction, and the auction period can be set for 3, 5 or 7 days at the discretion of the seller. Once the successful bidder is decided based on the highest bid through the auction, e-mail is sent automatically to both the parties. The contract has to be concluded within three days, and in the event that the contract is not concluded within the stipulated time, the seller has the option to start a fresh contract with the purchaser that has suggested the second highest bid. Ã The purchaser has the right and option to inquire about the quality, delivery method and period, payment and condition of the auction products before placing the bid. This results from the philosophy of eBay that they do not guarantee the quality of the products auctioned at eBay. They leave this to the two parties concerned. eBay only performs the role that connects the seller and purchaser and is not concerned about the items enlisted in the auction. They get their fees according to the rules set, such as registration fee of the auction advertisements and the final value fee after sales from the seller, in case the transaction is made as per agreement Since eBay does not wholesale or retail the products directly, the transportation, package, and management related to the inventory do not arise. Ã There is no cost in participating in the auction to purchase the product as the membership is free. There may be no visitors if cost is levied to participate in the auction. eBay auctions are open even to the nonmembers, and in case they want to participate in the auction, all that is required is to register as a member. Ã Anyone who has an email ID can have access to eBay or have a virtual account.
Monday, February 10, 2020
Case Analysis on Ryan Air Essay Example | Topics and Well Written Essays - 2500 words
Case Analysis on Ryan Air - Essay Example The Ireland-UK market was Ryanairââ¬â¢s initial target market, which it successfully managed to capture. By 2003, however, its route system had expanded to serve 86 destinations on 133 routes across 16 different countries. The heart of Ryanairââ¬â¢s current strategy is based on providing no frills service with low fares designed to stimulate demand, particularly from budget conscious leisure and business travelers who might otherwise have used alternative forms of transportation or who might not have travelled at all. Another strategic position adopted is Ryanairââ¬â¢s point-to-point short haul flights. Ryanair chooses to fly to regional airports rather than the larger national airports due to the favorable cost terms received. This facilitates the passing of low fares and has the added bonus of being less congested therefore aiding in flight punctuality. This offers convenience to clients, especially those constantly undertaking business trips, in terms of time and cost. The possession of both Regional and secondary airports is another current strategy. Airport charges include: Landing fees, loading fees, aircraft parking fees and noise charges. By acquiring regional and secondary airports, Ryanair is able to reduce these fees. This is because these airports are less congested and are anxious to increase their passenger output. The external environment refers to the factors that are out of control of the firm. These are factors tat the firm cannot be able to control could be because of market forces among other reasons. The external environment within which a business operates has a great influence on its mode and extent of its operations. The PESTEL framework (Appendix A) categorizes environmental influence into six main types: Political, Economic, Social and Technological, Environmental and Legal (Johnson and Scholes, 2002). Focusing on the Political environment, there has been
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